If You Can’t Beat Bill Ackman And The Hedge Fund Barbarians, Join Them

Forbes – For decades, chief executives and corporate directors were coached to resist the onslaught of hedge fund activists and other corporate raider investors. Armies of investment bankers and lawyers backed the CEOs and board members, called the activists derisive names and used clever legal maneuvers to fight against those they deemed to be short-term flippers and extortion artists.